Despoliation of the environment, high finance, mountain top removal
Wednesday, December 22nd, 2010Two articles that need your attention: one, in the Wall Street Journal, Trader Holds $3 Billion of Copper in London, which describes how some trader is sitting on 80-90% of circa 50% of the world’s exchange-registered copper stockpile, squirreled away in a London warehouse. We don’t think a lot about where those metals come from. […]